Juqu"Fundamentally it's very sound"I agree with that comment,...

Juqu
"Fundamentally it's very sound"

I agree with that comment, but we are talking about the stockmarket here!

Fundamentals will support a price long term, but the dropping PON is not good for any nickel producer.

Except- Pig Nickel is finished. It wont be allowed to restart, due to pressure by the big boys. (We wont build out billion dollar plant in your country, and/or we will cut production from our plant in YOUR country).

So thats 50000-90000 tonnes of nickel that wont go on the market in the next 12 months.

Give the nickel market another month or two to sort itself out, use up stocks of expensive stainless steel, and my guess is we will be looking at $15US + again.

Incidently I dont hold SMY. But its a good stock IMO.